The ever-secretive Tiger Global — which doesn’t even operate a website — had its plans for last year’s fundraising leaked out, but this year’s cash allocation is less clear. We contacted the firm for information about its plans, but had not received a reply at the time of writing. (We don’t expect to, either.)

This year has been a notable one for Tiger Global in a few ways. It lost two top executives earlier this year, leaving Lee Fixel as the sole head of its private equity business. Noteworthy, too, has been the PE fund’s push into India under the tutelage of Fixel.

Tiger Global’s raising of new capital comes hot on the heels of Fidelity Capital’s decision to mark up its shares in a range of companies including Dropbox and Snapchat, as Fortune reported. Just weeks prior to that, it emerged that Fidelity had written down the value of those same two investments alongside others. In other words, these private company valuations are pretty fluid and firms like Fidelity and Tiger Global will value them as they choose when they choose to.